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Bank to stay vigilant on inflation: Carney
Mark Carney hammered home the message Thursday evening that the Bank of Canada has switched its focus squarely to inflation as the global economy grapples with one of the biggest run-ups in commodity prices in history.
While other central bank officials have dialed back their inflation-fighting rhetoric in the face of a violent rise in bond yields in recent days, the governor of the Bank of Canada emphasized that lessons from the previous commodity boom underscore that a relentless focus on inflation is paramount.
http://www.financialpost.com/story.html?id=599698
Mark Carney hammered home the message Thursday evening that the Bank of Canada has switched its focus squarely to inflation as the global economy grapples with one of the biggest run-ups in commodity prices in history.
While other central bank officials have dialed back their inflation-fighting rhetoric in the face of a violent rise in bond yields in recent days, the governor of the Bank of Canada emphasized that lessons from the previous commodity boom underscore that a relentless focus on inflation is paramount.
http://www.financialpost.com/story.html?id=599698